LIRAX vs. FNSHX
Compare and contrast key facts about BlackRock LifePath Index Retirement Fund Investor A Shares (LIRAX) and Fidelity Freedom Income Fund Class K (FNSHX).
LIRAX is managed by BlackRock. It was launched on May 31, 2011. FNSHX is managed by Fidelity. It was launched on Jul 20, 2017.
Performance
LIRAX vs. FNSHX - Performance Comparison
Loading graphics...
LIRAX vs. FNSHX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
LIRAX BlackRock LifePath Index Retirement Fund Investor A Shares | 0.40% | 12.09% | 5.84% | 11.22% | -15.49% | 6.42% | 11.05% | 15.60% | -3.79% | 3.82% |
FNSHX Fidelity Freedom Income Fund Class K | 0.63% | 10.35% | 4.40% | 8.26% | -11.31% | 3.16% | 9.01% | 10.74% | -1.86% | 0.09% |
Returns By Period
In the year-to-date period, LIRAX achieves a 0.40% return, which is significantly lower than FNSHX's 0.63% return.
LIRAX
- 1D
- 0.27%
- 1M
- -1.51%
- YTD
- 0.40%
- 6M
- 1.68%
- 1Y
- 10.38%
- 3Y*
- 8.22%
- 5Y*
- 3.34%
- 10Y*
- 5.31%
FNSHX
- 1D
- 0.18%
- 1M
- -1.28%
- YTD
- 0.63%
- 6M
- 1.71%
- 1Y
- 8.32%
- 3Y*
- 6.59%
- 5Y*
- 2.79%
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
LIRAX vs. FNSHX - Expense Ratio Comparison
LIRAX has a 0.44% expense ratio, which is higher than FNSHX's 0.42% expense ratio.
Return for Risk
LIRAX vs. FNSHX — Risk / Return Rank
LIRAX
FNSHX
LIRAX vs. FNSHX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock LifePath Index Retirement Fund Investor A Shares (LIRAX) and Fidelity Freedom Income Fund Class K (FNSHX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| LIRAX | FNSHX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.49 | 1.74 | -0.24 |
Sortino ratioReturn per unit of downside risk | 2.14 | 2.43 | -0.29 |
Omega ratioGain probability vs. loss probability | 1.32 | 1.35 | -0.03 |
Calmar ratioReturn relative to maximum drawdown | 2.07 | 2.37 | -0.29 |
Martin ratioReturn relative to average drawdown | 9.26 | 9.65 | -0.39 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| LIRAX | FNSHX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.49 | 1.74 | -0.24 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.43 | 0.53 | -0.10 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.71 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.71 | 0.76 | -0.05 |
Correlation
The correlation between LIRAX and FNSHX is 0.87, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
LIRAX vs. FNSHX - Dividend Comparison
LIRAX's dividend yield for the trailing twelve months is around 3.52%, more than FNSHX's 3.25% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LIRAX BlackRock LifePath Index Retirement Fund Investor A Shares | 3.52% | 3.53% | 1.82% | 2.37% | 2.42% | 2.42% | 1.70% | 2.22% | 2.18% | 1.99% | 2.23% | 2.67% |
FNSHX Fidelity Freedom Income Fund Class K | 3.25% | 3.21% | 3.19% | 2.98% | 5.94% | 6.17% | 4.43% | 3.74% | 5.22% | 0.00% | 0.00% | 0.00% |
Drawdowns
LIRAX vs. FNSHX - Drawdown Comparison
The maximum LIRAX drawdown since its inception was -20.67%, which is greater than FNSHX's maximum drawdown of -15.87%. Use the drawdown chart below to compare losses from any high point for LIRAX and FNSHX.
Loading graphics...
Drawdown Indicators
| LIRAX | FNSHX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.67% | -15.87% | -4.80% |
Max Drawdown (1Y)Largest decline over 1 year | -4.29% | -3.68% | -0.61% |
Max Drawdown (5Y)Largest decline over 5 years | -20.67% | -15.87% | -4.80% |
Max Drawdown (10Y)Largest decline over 10 years | -20.67% | — | — |
Current DrawdownCurrent decline from peak | -2.67% | -2.39% | -0.28% |
Average DrawdownAverage peak-to-trough decline | -2.97% | -3.09% | +0.12% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.18% | 0.90% | +0.28% |
Volatility
LIRAX vs. FNSHX - Volatility Comparison
BlackRock LifePath Index Retirement Fund Investor A Shares (LIRAX) has a higher volatility of 2.73% compared to Fidelity Freedom Income Fund Class K (FNSHX) at 2.36%. This indicates that LIRAX's price experiences larger fluctuations and is considered to be riskier than FNSHX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| LIRAX | FNSHX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.73% | 2.36% | +0.37% |
Volatility (6M)Calculated over the trailing 6-month period | 4.15% | 3.30% | +0.85% |
Volatility (1Y)Calculated over the trailing 1-year period | 7.14% | 4.89% | +2.25% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.80% | 5.26% | +2.54% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.47% | 4.81% | +2.66% |